Ambrian Capital Share Discussion Threads

[aughton 3] 24/5/2012 10:57

where the hell are the results?????????????????????????????

[robsy2] 19/4/2012 19:34

What a disapointment this stock has been.

[tiswas] 27/2/2012 09:00

Someone is sniffing around looking at the recovery in the share price Wish I had been brave enough to top up at recent low but stung too often by this one. Still think we will be sold for 15-17p.

[toback] 24/2/2012 11:55

This is still edging higher on decent volume for this stock. I wonder if VSA is still sniffing around - and with its new chair.

[pugugly] 22/2/2012 08:45

esmith3 - Thanks - If a tW tip possibly a strong short in a few weeks (imo)

[esmith3] 21/2/2012 20:29

Timing of start of rise suggests it was one of TW's 12:00 tips that he's supposed to be running this week.

[pugugly] 21/2/2012 17:55

rns tomorrow takeover ?? Looks like a monumental leak - or a major ramp - only timewill tell -- FSA please note.

[koolio] 21/2/2012 16:28

What's this? It's going up, I forgot that this share could go up.

[marky4] 21/2/2012 16:15

Some life in this dog today

[marky4] 08/2/2012 10:17

hmmm, any idea how much cash is left in this company when the losses in the RNS are factored in.

I was hoping Rule and Sprott would come to our aid, perhaps setting up something similar to what they control in Canada/USA, I'm hoping even harder that they do this now while there's still some cash & value left.

[trader351] 08/2/2012 09:24

I didn't expect the trading update to be quite so bad. Not only do they need to restructure, but the company needs new management. Shocking.

[tiswas] 08/2/2012 09:14

Well let us hope that this is the final kitchen sink job so that they can sell the company and move on. TNAV was something like 30p per share last time around so hopefully it is still 20-25p or thereabouts. I would be grateful for 15p as it stands.

[koolio] 18/1/2012 17:47

What can I say about this disaster, I still hold a lot of AMBR as the shares have real value. I figure the shares would have a lot more value without the BOD and management, self serving bar stewards.

Whooosa, vented my frustration.

[bisiboy] 09/1/2012 11:02

insider info on results???

[tiswas] 03/11/2011 14:47

Is this more tidying up for a sale?

I do not really understand this company so more informed comment would be welcome.

[davebowler] 03/11/2011 13:23

RNS Number : 4282R

Ambrian Capital PLC

03 November 2011

3 November 2011

AMBRIAN CAPITAL PLC

("Ambrian")

Disposal of Subsidiary

Ambrian Capital PLC ("Ambrian Capital") announces that it has entered into a conditional sale agreement for the disposal of the whole of the issued share capital of its investment banking subsidiary, Ambrian Partners Limited ("APL"), to RFC Group Limited ("RFC"), the resources advisory group based in Australia. The Agreement is conditional, inter alia, upon the approval of the Financial Services Authority to the change of control of APL. The consideration for the sale, which is payable in cash, is linked to the net asset value of APL as at 31 October 2011 and as a result of the transaction it is expected that Ambrian Capital will incur a write-down of its investment in APL of approximately GBP1.5 million. The consideration will be applied in providing additional working capital for Ambrian Capital. APL recorded a profit before tax of GBP318,024 for the year ended 31 December 2010 and an unaudited profit before tax of GBP21,289 for the six months ended 30 June 2011. As at 31 December 2010, APL had net assets of GBP7,317,462 (GBP3,571,114 net of an intra group loan) (30 June 2011: GBP7,338,751 (GBP3,541,865 net of an intra group loan) unaudited). Commenting on the disposal Robert Ashley, the Chief Executive Officer of Ambrian Capital said: "In the current market environment, we are pleased to have agreed terms with RFC to acquire Ambrian Partners. With its sector specialism and geographic reach, RFC will enhance the services provided to Ambrian Partners' valued clients."

- ends -

Enquiries


Ambrian Capital plc
Robert Ashley, Chief Executive + 44 (0)20 7634 4700

Macquarie Capital (Europe)
Limited
Steve Baldwin + 44 (0)20 3037 2362
Nicholas Harland + 44 (0)20 3037 2369

M: Communications
Charlotte Kirkham + 44 (0)20 7920 2331
Ann-Marie Wilkinson + 44 (0)20 7920 2343


About Ambrian Capital PLC

Ambrian Capital plc (AIM: AMBR) is a natural resources investment bank active in Commodities, Corporate Finance & Equities and Principal Investments.

Ambrian Metals Limitedis an independent physical metals supplier with a particular strength in refined copper. Through Ambrian Metals' offices in London and Shanghai and agents in New York, Santiago, Sao Paulo, Seoul and Tokyo, it sources non-ferrous metals from producers for distribution to an international client base of metals consumers and merchants.

Ambrian Energy Limitedis a physical energy trading company focused on the supply of biofuels, crude oil and fuel oil. Ambrian Energy deploys agents in Turkey, Azerbaijan, the Middle East, South Africa, USA, Korea and Australia/New Zealand. Ambrian Energy is the founder and manager of Strategic Energy Assurance Limited, a company focused on the needs of governments' strategic petroleum reserves.

Ambrian Partners Limited is known in the market for its leading positions in the metals & mining and oil & gas sectors. It provides corporate finance advice, equity research, sales and trading and market making services. Ambrian Partners is a member of the London Stock Exchange and is authorised and regulated by the Financial Services Authority.

Ambrian Principal Investments Limited is an investment company which holds the Group's principal investment portfolio. It is managed by Ambrian Asset Management Limited, which is authorised and regulated by the Financial Services Authority.

About RFC Group

Established in 1985, RFC is an independent Australian financial advisory group that has become a trusted partner for a broad range of clients across a range of resource-based industries. For over 25 years, RFC has been providing professional guidance and transaction excellence to its clients in the mining, minerals and energy industries, boasting a global network of industry contacts and a successful track record of achievement through specialist financial and technical expertise.

This information is provided by RNS

The company news service from the London Stock Exchange

END

[koolio] 28/9/2011 18:00

I'm very pi55ed off at the management here, I sold half of my holding today and took the hit. I do agree that the write offs and the cancelation of the divi are to make it a more attractive bolt on.
Good luck all holders.


Ambrian Capital, the natural resources investment firm, has seen its share price plummet 20% following the announcement of a balance sheet loss of £1.46m for the six months to the end of June.

The figure includes a complete write down of the group's holding in its investment banking operation known as Ambrian Partners, which equates to a £2.15m impairment. The reasoning for this is what the firm described as "financial turmoil...in global equity markets"

The loss suffered on Ambrian Partners is partly behind the decision to award no dividend to shareholders for the half year to June.

Net loss per share was 1.49p and the net asset value per share hit 31.48p, up slightly on December 2010 when it stood at 31.14.

Chief executive Robert Ashley said: "The weakness and volatility experienced in global equity markets since the end of March 2011 have weighed on the Group's corporate finance and equities division. As a result, the transaction pipeline has been weakened and primary and secondary placement activity significantly reduced with little visibility for a short term upswing."

He added: "The board is conscious of the substantial discount at which the Company's share price stands to its net asset value and continues to look at ways of reducing this and otherwise enhancing shareholder value."

[lanarkian] 28/9/2011 14:34

I'm afraid I took my loss at 24p (a loss of well over 50 percent). A dead-in-the-water company which I heard about through t1ps.

[tiswas] 28/9/2011 12:37

Marky

I agree. Conserve cash, an interim CEO. Trouble is will it go for TNAV and do I chance increasing my stake. No sale and no dividend it is dead money.

[hieronymous1] 28/9/2011 12:23

I decided not to wait and got out at 17.01. Bought BEG for when mass corporate bankruptcies really begin. Bought out of the money covered warrants on FTSE in the hope of playing volatility.

[marky4] 28/9/2011 11:44

I think this company now have a FOR SALE sign stamped all over it.
That's the only reason I am now holding.

[tiswas] 28/9/2011 08:40

Unbelievable, now they have cancelled the dividend!

[koolio] 05/9/2011 17:36

- The traditional London Metal Exchange (LME) Week, the largest annual gathering of the mining and metals' world, starts in less than a month.

[marky4] 01/9/2011 10:32

£4.37m is better than nothing eh